Onshore Assets definition

Onshore Assets means, except for the Offshore Assets, all the other assets held by the Group Companies which will be transferred to or controlled by an Affiliate of Buyer in connection with the Onshore Transactions (including, for the avoidance of doubt, the Onshore Purchased Assets).
Sample 1

Examples of Onshore Assets in a sentence

  • The Group shall retain the right to dispose of the Specified Onshore Assets (as specified in Annex III) at its sole discretion without prior consent from any In-scope Creditors or any legal or beneficial holder of the New Debts, subject to certain conditions to be agreed in the long form documentation stage.

  • For the avoidance of doubt, such Mandatory Prepayment arrangement shall not be considered to have any restriction on strategic investment, financing, equity transaction, normal operation and construction, or payment of any indebtedness, expenses or any other obligation of the Specified Onshore Assets or any persons directly or indirectly holding such Specified Onshore Assets.

  • Ministry stated (April 2016) that all the Onshore Assets have prepared Asset specific SOPs on crude oil measurement.

  • The Company has recently divested its WI in a separate group of Non-Operated Onshore Assets, also in Alberta, Canada that were known as the Alberta Plains Assets, as identified in section 1.1(a) above.

  • Tenant agrees to carry “All Risk” Insurance, equal to the agreed amounts as per schedule on file with underwriters of the onshore assets included in the Leased Property (the “ Onshore Assets ”), with a minimum Named Windstorm limit of 5,000,000 which shall be payable in case of loss as outlined herein.

  • The Onshore Assets contain 211.6 MMboe of Proved plus Probable Reserves, 217.0 MMboe of Best Estimate Contingent Resources and 333.6 MMboe of Unrisked Best Prospective Resources, gross to OER.

  • Canada – Oil Production AssetsSacgasco has Working Interests (WI) in a group of Non-Operated Onshore Assets in Alberta, Canada known as the Red Earth Assets.

  • The Assets covered in the audit are: • Offshore Assets: Mumbai High, Bassein & Satellite, Neelam & Heera.• Onshore Assets: Ankleshwar, Ahmedabad, Mehsana, Assam, Cauvery, Rajahmundry.

  • However, Todd called evidence from Mr Winfred Boeren, employed as Technical and Onshore Assets Manager of Todd Petroleum Mining Company Ltd, and responsible for managing Todd’s onshore petroleum interests including the McKee, Mangahewa and Kapuni fields.

Related to Onshore Assets

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Real Estate Assets means any investment by the Company or the Operating Partnership in unimproved and improved Real Property (including fee or leasehold interests, options and leases), directly, through one or more subsidiaries or through a Joint Venture.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Company IT Assets means any and all computers, computer software, source code, firmware, middleware, servers, workstations, routers, hubs, switches, data communications lines and all other information technology systems and equipment, and all associated documentation owned by the Company or any of its Subsidiaries or licensed or leased to the Company or any of its Subsidiaries (excluding any public networks).

  • Subject Assets is defined in Section 2.2(c).

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, whether absolute, accrued, contingent, fixed or otherwise and wherever situated), including the goodwill related thereto, operated, owned, licensed or leased by such Person, including cash, cash equivalents, Investment Assets, accounts and notes receivable, chattel paper, documents, instruments, general intangibles, real estate, equipment, inventory, goods and Intellectual Property.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Designated Assets means any property or assets (including Capital Stock of any Subsidiary) of Holdings, the Restricted Parent, the Issuer and their respective Restricted Subsidiaries constituting a business, a line or unit of a business or used in operating a business substantially as an entirety.

  • Other Properties shall have the meaning set forth in Section 9.1.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Other Assets means any assets (or interests therein) (other than the Trust Estate) conveyed or purported to be conveyed by the Seller to another Person or Persons other than the Issuer, whether by way of a sale, capital contribution or by virtue of the granting of a lien.

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.

  • Assets has the meaning set forth in Section 2.1.

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Transferred Business has the meaning ascribed to such term in the Separation Agreement.

  • Acquired Assets has the meaning set forth in Section 2.1.